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universal experiences. the host creates a welcoming environment for everybody. there is no cultural barrier to entry. >> the demographic of people who come will match the demographic of the reader. it is very simple. if we want more people of color, you book more people of color. you want more women, your book more women. kind of like that. it gets mixed up a little bit. in general, we kind of have a core group of people who come every month. their ages and very. we definitely have some folks who are straight. >> the loyal audience has allowed michelle to take more chances with the monthly lineup. established authors bring in an older audience. younker authors bring in their friends from the community who might be bringing in an older author. >> raider has provided a stage for more than 400 writers. it ranges from fiction to academics stories to academic stories this service the underground of queer fell, history, or culture. >> and there are so many different literary circles in san francisco. i have been programming this reading series for nine years. and i still have a huge list on my co
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." i'm larry kudlow, in half hour, the situation in cyprus is on the edge of the abyss, if russia did not bail them out, their economy will implode and they will be forced out of the euro economy entirely. and senator kelly ayotte is looking to get a budget deal without more spending and taxes and i want to know if the so-called gop reforms are going to split the party in two or make it more inclusive. senators working against a needless missile to nowhere program that she will explain to us. ben bernanke is keeping his foot firmly on the qe gas pedal or did he? please take a listen. >> we are seeing improvement. i think one thing we would need is to make sure that it's not a temporary improvement. so, we have seen periods before where we had as many as 30
have suffered. it's a low-interest environment, which makes stocks the only liquid investment game in town and that explains the market we're in. joining me is the the chief economist at rbs securities and ned riley, the ceo. i have laid out why the fed has fuld the rally. when you buy a stock, you're buying a share of its earnings. the price to earnings ratio used to figure out the value of a stock is still low. let's take a look here. i want to show our viewers. the s&p 500 is seeing average earnings of 15. that's the bottom bar. that's half of where they were. lower than where they were five years ago when the dow was trading at about where they are now. that makes me think this isn't just the federal reserve. what do you think? >> it isn't. as a matter of fact, the fear that's in people's hearts right at the moment, it reminds me of rodney dangerfield. the market has no respect. nobody has respect for this market that it is real. clearly we're seeing the public and institutions, i might point out, have been lowering their equity exposure. the the public only has 30% in ek equit
environment. >> you have to think about this. it's a process. it's physical therapy that now the patient is ready to talk again. >> it's sedation. the patient needs to be told they're going to get better. >> if i buy your argument, david, there's an inflection point that low interest rates are stimulus to a point and then it goes the other way. don't i only have to look to ecb for prove that's not right which kept its rate at 1%? >> there's so much else going on suppressing the economy. >> it's europe. >> i don't think we can -- >> they have a few labor issues, don't they, steve? a few structural problems. >> the analog is ecb did not go all of the way down. it maintained. >> it's europe. >> i don't think that borrowers or lenders really care whether the rate is 1% or half a percent. i don't think it makes any difference at all. the issue for people planning to buy a house or planning to expand a business is how the economy will do. part of the federal reserve's message that we'll see today that's crucial to the statement today, are they going to downplay the economy and talk about outsi
opportunities to do some stock picking in this environment and that's really what people need to be doing prp. >> so you're going to want to buy what jim lacamp's selling, is that the idea? >> as long as there are proven fundamentals and an attractive valuation argument. >> all right. rick santelli -- >> now, wait a minute. the fundamentals aren't improving that much. we're seeing earnings start to deteriorate. and fedex and caterpillar, their earnings started to deteriorate. we're seeing some of those if you want fundamentals sl s slac. >> you can't just go blindly by, you know, equities across the board. but there are opportunities to find pockets of the economy that are growing, despite all the negative and worries out there, as far as the macro environment. >> okay. but what about the fact that, you know, we were talking about this yesterday, bill, the s&p is expecting earnings growth, the s&p 500, of 0.7% for the first quarter. so we are looking at an earnings deterioration here. now, they're expecting things to pick up later on in the year. but if you're saying there is growth in the ec
of people worried about the impact fracking has on the environment. this is a possible solution, i guess, yes? >> it is, exactly. i help lead an investment group and funded some brilliant scientists down in florida actually a few years ago. our technology uses no chemicals. we actually in the past since 2008, we've cleaned over 2.8 billion gallons of water, which has eliminated 1.3 million gallons of chemicals. we allow these companies to, first of all, clean the water before they use it the first time, and then also recycle it and reuse it in their process. so we're closing the loop for these responsible companies. >> what about, drew, the government standards? i mean, hasn't this been one of the big detriments for moving forward? how have the standards changed? >> you know, it has been. and they're pushing for more transparency, regarding what chemicals are used, but where we come in, we eliminate those chemicals almost entirely. we allow these companies, we have technology that allows these technologies in realtime to clean their water, recycle it, and reuse the water. so we're elimin
flying about 70 satellites. so we're pretty familiar with the space environment and the risks it entails. as a global fleet operator serving both commercial and government customers, reliability and continuity of service are our highest priorities. whether it's uav operations over afghanistan or the final game of the ncaa tournament or financial statements that have to be transferred securely around the world, um, we know that our customers expect flawless performance. to deliver this level of performance, we have to daily deal with a range of threats. probably a highest priority for us today is radio frequency interference. many times it's accidental, sometimes intentional. space debris and other challenges of space flight, cyber attacks, solar weather, space systems reliability, the fact that we today don't have an affordable technical solution for refueling and repairing satellites on orbit and last but not least, an international launch industry that's far from robust. now, our economy depends on the ability to create and instantly distribute vast amounts of data around the planet. s
been here longer. it's not the kind of environment that the achievers want to go into and stay in and it doesn't make teachers feel valued at all. i got in a little bit of trouble the other night because i was giving a speech in california. and i was lamenting the fact that the teachers don't get paid enough to it i said think about this. i said basketball players. now, why my husband is a former nba player. this is why i got in trouble at home to it i said basketball players get paid $12 million a year for troubling of all -- dribbling around. we should be 12 million to our highly effective teachers in the nation because they are determining the future of our nation. but we have a skewed culture where we don't actually respect and honor teachers for the incredible work that they do. we certainly don't pay them what they are worth. >> in australia they have 200 days of public schools. in china and india is 200 days of public school instruction. in the united states, why do you think in the united states it is only 180 days? which is drastic if you take between china and india i
energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> >>> welcome back to "the kudlow report." i'm larry kudlow. stocks may have dropped today but we've still got even more good news on the economy. now does that mean bern bernanke is going take his foot off the gas pedal sooner rather than later? that might be what's rather bothering stock investors. and where is the new jack kemp now that we need him? a republican who related to everyone with an optimistic but simple message of economic growth for all, we will ask lar larry sabateau in just a few minutes. >> a tax is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national internet sales tax. could even hit yo
developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> let me finish tonight with this. there are some very good signs from israel. it looks like the president and the prime minister of israel are on the same page now. both agree we can't let iran get nuclear weapons and both agree iran hasn't decided yet whether to build one and will take another year once the government in iran decides to go ainu direction. i have good hope in a number of grounds. one, the two countries are in agreement, and two, the mullahs in iran will see the united states ready to strike should they decide to build a nuclear bomb. why? there was no reason for the trip to israel unless the united states was ready for this to pound out this agreement between the united states and israel. the best result in this fight is over the other side, over in tehran. they get to see how serious we are. they se
forecast saying the business environment is improving. shares of general mills rose more than 2.5%. and the big jump in shares of blackberry thanks to a morgan stanley upgrade. morgan stanley saying now there may be room in the smart phone market that's dominated by an droid and the iphone operating system for blackberry. the vote of confidence comes just two days before blackberry's make or break z-10 goes on sale at at&t stores. blackberry rose $16, that's a gain of almost 6.5%. >> and, suzie, one of the roadblocks to the housing recovery has been tight mortgage credit. rates may be low, but they're only good if you can get them. as we look at the spring buying season, lenders are starting to ease up. not so much on their standards, but on the types of loans they can offer. >> after being turned down for a mortgage last year, leah harris has been renting in washington, d.c. now, she is finally moving into a home of her own. >> i tried last year at about the exact same time and nothing was different than it is now. same income, same assets, pretty much everything was identical.
people together. partly it was the environment and the sicks that we had to confront -- circumstances that we had to cold front. as nk what has changed is she said we would work longer weeks and people were there for longer periods of time. the venues for communication were at hand. she will remember this well. we used to have two lunch tables that were just for senators and you sit family style. people would have lunch together. for whatever reason that lunchroom was closed. we used to have social events where we getting together and one was around our spouses and we would salute our spouses. we would do things like that. people now leave washington more routinely on thursday or fridays and they don't come back until monday or tuesday. you are left to combovepb on wednesday. you condition govern a country as big and sophisticated a this is. they were in session for 11 days in february. partly, we have to ground the airplane. you have to stay here. i like the suggestion that maybe what we out to do is have blocks of time where you don't go home. you're there from january to june then
republicans, the republicans that cared about the environment and privacy are absolutely excluded and fearful of speaking up. >> hal: right. >> caller: and that is really the mind-control the thought-control police that people have to look at as the example of where we don't want to go. i think it's so critical. >> hal: i always find it very shocking when there's this belief on the right that the expression of someone else's rights that are in the constitution, in the bill of rights, the acting on those rights in your own way is somehow a violation of theirs simply because it differs with their religious beliefs or makes them feel icky. if i'm creeped out, i don't want them to make it legal, because then i have to explain it to my kid. and the kid is more hip than you are, and the kid is like it's okay with me. and then you have to have a conversation with what your belief system is. you used to not even have to talk about it. if somebody got pregnant that wasn't supposed to. you sent her off to her aunt and she became unpregnant. >> i think you are right. th
people together. i think partly it was the circumstances and the environment we had to confront. devissive had very times. the schedule has changed a lot. we would work longer weeks and people were there for a longer period of time. the venues for communication were much more readily at hand. we had -- we used to have two lunch tables that are just for senators and you'd is it family style and people would have lunch together. and for whatever reason that lunchroom was closed. we used to have social events where we get together and one was around our spouses and we'd salute or spouse. we'd do things like that. but i think the single biggest thing people leave washington so much more routinely on thursday or friday and don't come back till monday or tuesday and you are left to govern on wednesday. you can't govern a country as big and sophisticated as this one is one or two days a week. they have been in session 11 days in february which we've got to ground the airplane. we're going to have to say you're going to have to stay here. maybe what we ought to do is have blocks of tim
officials allow a hostile environment with one even comparing rape to a game of football. cnn's david mattingly is "outfront" with the story. >> reporter: after being sexually assaulted while enrolled at the university of north carolina, annie clark and andrea peno approached administrators for help. but the response only added to their pain. >> she told me a rape is like football. and if you look back on the game, what would you have done differently in that situation? >> reporter: did you feel like you were being blamed for this? >> absolutely. >> reporter: clark says she was raped off campus in 2007. she did not go to the police thinking an investigation was pointless because her attacker was unknown to her. pino says it was a similar situation to her five years later with another unsensitive response from a university adviser. >> then when i said i had been through a trauma and having a difficulty adjusting, you know, they said everyone is having a different time adjusting, you're just being lazy. maybe you can't handle carolina. >> clark and pino along with two other students who
points. we don't anticipate a big change by the fed but given the environment around the globe this is important. >> i don't either. nobody around here seems to anticipate a big change in the fed policy. some are expecting they might tweak up their gdp forecast. that's a probability. probably we'll expect to see inflation expectations well anchored. i think you will hear that phrase as well. there's a problem with the stock market, although large parts of it are being ignored. fed ex and caterpillar had rather disappointing commentary and this is giving a lot of help to the bears who have been saying the gloge econobal econot as strong as the u.s. stock market is indicating here. the markets are ignoring fed ex and caterpillar and that's making traders say that's because all they care about is the federal reserve and what they have to say. wells fargo did downgrade another couple big machinery names, deer and agco. they downgraded that because they thought corn prices would be declining so sales would not be increasing as much next year. >> thank you very much, bob. to seema mo
, not really. if i got compliance. >> can you at least tell us in this environment, the fed looks like the one thing we've learn side more cover for the fed. i don't know how bad it gets in cypress or whether there is contagion, but the fed will go. >> i think from the u.s. economic perspective, in the last few years of summer slowdowns, it doesn't look like that will happen and we're waiting for pullbacks and maybe we're waiting for an opportunity, but it will be time to wait for equities if you get that. >> i think cramer's here and jim, remember early on we were talking about whether the market knows things and it's like we were looking at that big job's number and we didn't talk about it after it happened and we got six or seven straight new highs and a fiscal cliff. is this what we're seeing today, enough to put anything on hold in your view or do things still look pretty good for our markets here. we did have a series and when you look at the charts this weekend, i cannot believe how many straight ups and take a boeing and it is bad news that indonesia did not go with boeing and that sto
's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the fact that consumers, and fedex and ups talked about this in january. consumers are choosing cheaper ways to ship. they're willing to let things ship over a longer period of time. maybe longer in terms of the type of air they choose. and so i'm wondering if they're doing enough to combat the secular change in the business. >> well, that's a real criticism levied against the company. they have a really big ground work. and i think investors have excited about that. but we need a lot of aircraft for overnight dplifrry. be it domestically or from china. so i think investors are looking for them to get aggressive on
rate environment. >>> u.s. equities had been a little bit waerbg. they have been preparing their losses through the morning. dow futures only 11.5 points below fair value. we've been watching what happened overseas in asia. the nikkei was up 1 1/3. in europe, red arrows because of economic numbers. also concerns continuing about cyprus. the cac is done 1.1%. we have positive comments made by fed chairman ben bernanke. >> we'll use models and other indicators and the state of the labor market to try to make a good estimate how much we need to change the rate of flow. but, again, the point is to let the markets see our behavior, to let them see how we respond to changes in the market. and higher levels of purchases or the ultimate facing out of the program. >> in other words, it's not going to be spigot on, spigot off. rick is the head of strategy at wells fargo securities. rick, thank you for joining us this morning. >> thanks for having me. >> you have been right on some big calls in the past. you called it right almost to the day back in march of 2009. >> yeah. >> for the bottom. >> yo
this morning, this shows incremental softness in i.t. spending environment. that's weighing on all tech names. ibm is down 1.25%. that's a huge weight on s&p 500 at this hour. a lots of them we are watching in the tech sector. s.a.p. down 2.5%. crm down 1%. it is taking everything down at this point. >> oracle was bad. can't mince words about it. >> was oracle being bad a sign of what's bad in overall tech spending or was oracle bad more of a sign of what's bad at oracle? or both? >> it is a big government provider. dell is, too. that's hurt dell. this was sloppy execution. deliver, deliver, deliver. are they losing share in the cloud? clearly. they won too many nine-figure deals. at the same time the market says i want to buy that weakness. why is lululemon up? they want to buy that weak fles. looking for caterpillar to bottom today. onshore drillers, one of the weakest markets, he should buy those. things come down, people just want to buy them. >> do you agree with this 1% move on lululemon today? >> that it is up? no. i don't like lululemon. talk about bad execution. they've just been ter
a difficult environment, cameron international, an equipment player, has an enormous backlog. just last week, got a big order from petro. that's one where we expect substantial earnings growth each of the next several years. >> what else? keep it going while we have time. >> keep it going. in addition to that, we're hopeful for edwards life science. it's been a little more controversial. that's the catheter delivered heart valve. there's been debate about the pace of the launch of that. it's at a lower point now. we think expectations are probably more appropriate. and the stock is attractive. that one is also that we have good expectations for. additionally, in the technology space we have pretty good sized positions in google which is perked up on a year to date basis but we think is getting back on track. 12 months ago that was fairly controversial. it's not nearly so controversial now. >> all right. greg, you don't know offhand whether any of those companies are -- have open board seats, do you? >> no, i don't. i'm not aware of that. >> okay. just wondering. >> you have the science backg
in an environment that can be only described as alice in wonder land, how does the fed managing interest rates play into the interpretation of your survey. or does it at all in your opinion? >> well, i'm not sure if they do look at our survey or not. the reading i would take away is more and more are of the view they may start tweaking with the bond buying program. >> now from my perspective. let me make an assumption. let me say in my opinion i don't think they're going to pull back in a big way any time soon from some of these programs. so i guess the question i'm going to ask you this, is the bearish news showing up in con treat terms, not just opinion in your survey, should the interest rates remain tame and they actually have been dropping, what you are saying is that this could be a contrary indicator that's big out there. it can create a spiral where they need to run in and buy futures if rates start to drop. could that not be true as well? >> well, rick, i think you're right in thinking that is a possibility. we don't know for issue if this is a contrary reader or not. if you have reasons t
it into this social environment where you're users are engaging with the content. >> and then there's bill simmons, one of the star pundits of espn, doing live webcasts on youtube with friends. you get to hear his thoughts on the game in realtime. espn didn't sell ads, admitting this is a test run. they've committed zero dollars to ncaa rights and it's a low cost production. easy money. >> that is a business model right there. >>> a lot more still to come. tweet time. could texas be getting ready to hoard some gold? lawmaker wanting them to allow the state and texans to store gold at its own facility with protection of the state. if passed, texas would be the first state to have its own ft. knox, essentially, allow ting it to be protected by the tenth andment. if your home state could make its own protected depository for anything, what would it be and why? tweet us at squawk street and we'll get you responses in the next hour. >> in the meantime, interrupt. i believe we know why the markets have turned south. the head of the eurozone group, what we've seen in cyprus is now a template for future b
are looking at that environment and saying it just doesn't work at the very top if we also want to have children. and so what we have to do is change the structures of the work force. we have got to say to our companies -- and i think this is the biggest feminist revolution. if we can change the shape of that border and table to make it more family friendly and implement more flexible work programs and have careers up and down uncan dial up and dial back again at certain stages. actually those companies find the productivity increases. the companies that say to women and to men we don't care about your input. we care about your output. where and when you work for doesn't matter but what you do produce matters. that works so well for women. in those circumstances, productivity rises for the company and you keep women in the work force. >> i venture to say we might be more productive when we have small children because we're on fire and trying to keep it all going and we are not checked out. every argument made here at the table is valid and i think the bigger point here, whether it's the
Search Results 0 to 26 of about 27 (some duplicates have been removed)